Disney (DIS) To Lay Off 1,000 Employees [Yahoo! Finance]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: Yahoo! Finance
Disney Company (NYSE:DIS) has decided to lay off employees as part of a plan to streamline its operations. The decision was announced by the company's new chief executive, Josh D'Amaro, in an email ?to employees. Around 1,000 jobs will be cut, according to a person familiar with the matter. The layoffs will mainly affect the marketing group, which was reorganized in January, along with other areas like the company's studio and television business, ESPN, products and technology, and certain corporate functions. Disney (DIS) To Lay Off 1,000 Employees Photo by Arturo Añez on Unsplash According to the report by Reuters, The Walt Disney Company (NYSE:DIS), like ?other ?Hollywood studios, is facing changing economic conditions. This includes a decline in the television business, a shrinking box office, and growing competition in the industry. In his email to employees, D'Amaro said the company needs to adapt to “the fast-moving pace of our industries.” He said this requires The W
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DIS
Earnings
- 2/2/26 - Beat
DIS
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- DIS's page on the SEC website